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    政大機構典藏 > 商學院 > 會計學系 > 學位論文 >  Item 140.119/136822


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/136822


    Title: 經濟政策不確定性對企業租稅規避之影響
    The Effect of Economic Policy Uncertainty on Corporate Tax Avoidance
    Authors: 詹宜璇
    Jhan, Yi-Syuan
    Contributors: 何怡澄
    詹宜璇
    Jhan, Yi-Syuan
    Keywords: 經濟政策不確定性
    租稅規避
    Date: 2021
    Issue Date: 2021-09-02 15:35:47 (UTC+8)
    Abstract: 企業的經營受到政府經濟政策廣泛而關鍵的影響，企業做營運決策時必須考量政策的更動。本研究欲探討經濟政策不確定性與企業租稅規避之關聯，並檢驗兩者之關聯性是否導因於外部融資的摩擦。本研究以1998年至2019年間中國上海及深圳證券交易所上市公司為研究對象，並以Baker et al.(2016)經濟政策不確定性指數與租稅規避指標進行迴歸分析，實證方法採用普通最小平方法。實證結果顯示，經濟政策不確定性與企業租稅規避呈顯著正相關。本文進一步將樣本分為財務受限公司與財務不受限公司，測試現金持有量的調節效果，惟並未觀察出現金持有量在經濟政策不確定性與企業租稅規避之間的調節作用。於敏感性分析中，採用租稅規避的替代指標，並將模型改為固定效果模型，皆獲得一致結果。
    Government`s economic policies have a widespread and critical influence on the operation of enterprises. When making an operating decision, firms must consider policy changes. This study examines the relationship between economic policy uncertainty and corporate tax avoidance, and tests whether the relationship between the two is due to external financing frictions. This study takes the listed companies in Shanghai and Shenzhen stock exchanges from 1998 to 2019 as the samples. The OLS empirical results show that tax avoidance is significantly positively associated with economic policy uncertainty. We further divides the sample into financial constrained firms and unconstrained firms to test whether cash holding can moderate the effect of economic policy uncertainty on tax avoidance; however, there is no evidence that cash holding plays a moderate role to economic policy uncertainty in reducing tax avoidance. In the sensitivity analysis, we also obtain the consistent results by using alternative measures of tax avoidance and by changing the estimation method to fixed-effect model.
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    Description: 碩士
    國立政治大學
    會計學系
    104353106
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0104353106
    Data Type: thesis
    DOI: 10.6814/NCCU202101539
    Appears in Collections:[會計學系] 學位論文

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